Preston Home Extensions And Renovations Projects

Whether you are a newbie just entering the property market or have been around the block a few times, a home extension or renovation is something you may want to consider. If you own a house in Preston, but your family has outgrown the space, then an extension or renovation might be just what you need. Remodelling simple structures like floors and walls or adding an additional bathroom, bedroom, or family room can turn a mediocre house into your dream home.

An extension or renovation is a good option to consider rather than uprooting the family and moving to a new location. Remodelling gives you the opportunity to personalise your home exactly how you want it, or change the overall feel of your out-of-date home to something really special. Period Extensions & Designs have more than two decades of experience helping the residents of Preston to turn their house, into the home of their dreams.

Why Choose Preston?

Preston is a multicultural, vibrant hub situated just north of the city of Melbourne. Thanks to its comfortable mix of singles and families it has a lively community atmosphere with a number of multicultural cafes, old school markets, strip shopping, and regular art festivals to entertain its residents. 

It is a great suburb for young people just starting out as well as mature, well-established professionals who are looking for a quiet tranquil life in the suburbs yet in close proximity to the city’s central business district with world-class shopping and entertainment.

Distance to

Distance from Melbourne

Preston Demographics

There are approximately 33,000 people living in Preston. Of this, almost 18%  are established couples, around 17% are independent young people, and almost 16% maturing and established independents. 

The most common occupations in Preston are nearly 30% professionals, around 13% administrative and clerical workers, almost 12% managers around 11% tradies and technicians and 11% community and personal service workers.

Around 32% of homes in Preston are fully owned, and just over 28% are in the process of being purchased by home loan mortgage. The median individual income is $518 per week and the median household income is $1,155 per week, while the median mortgage repayment is around $1,900 per month.

Established Couples & Families

17.7%

No Data Found

Indpendenct Youth

17.1%

No Data Found

Maturing & Established Independence

15.9%

No Data Found

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Preston Lifestyle

Preston has a lively mix of old-school locals who like to buy their produce from the gorgeous Preston Market and new-school youngsters who like to soak up the multicultural vibes at its cafes and community arts scenes. 

This lovely suburb has a wide range of schools from primary to specialist all the way to TAFE colleges.  A good transport system consisting of bus and tram lines takes you anywhere you want to go within minutes and there a numerous walking trails and parklands for families to enjoy.

Types Of Homes In Preston

There is a large range of different types of housing available in Preston from modest homes to large period mansions. There are some impressive public buildings but in the quiet side streets, you will find Art Deco clinker brick houses and some immaculate examples of weatherboard Californians. 

Larger new homes were built later as well as some townhouses and units to cater for the downsizers and single independents. In addition, a growing number of warehouse conversions and designer apartments have sprung up to add a special flair to the suburb. Whether you are old school or new-school, looking for a compact modern apartment or a magnificent period-style home, Preston has it all.

Preston Median House Prices

Median prices for houses over the past year are approximately $1,150,00 and over the past 5 years, Preston has experienced a compound growth rate of 7.5% for houses.

If you are considering renovating your home, our team of highly experienced and qualified designers and master builders will ensure that you get the best support and individual service you need to complete your project on time, within your budget, and at the highest standards. Give us a call at Period Extensions & Designs today to find out how we can help you turn your existing house into the home of your dreams.

Buy
$2,292,500
2BR
           -         
3BR
$1,920,000
4BR
$2,310,000
Buy
$700 PW
2BR
           -         
3BR
$650 PW
4BR
$885 PW
Buy
$826,000
1BR
           -         
2BR
           -         
3BR
           -         
Buy
$390 PW
1BR
$300 PW
2BR
$420 PW
3BR
           -         

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